And in a
blog post on Wednesday afternoon, Greece's finance minister,
Yanis Varoufakis, wrote on why the government is recommending a
"No" vote, in six short bullets.

Here's the summary:

Negotiations were halted in the first place because creditors
did not want to trim Greece's debt. Instead, they would like the
amount to be paid, in full, in the future, by the "weakest
members" of society — children and grandchildren.

The IMF and the US believe that the debt should be
restructured.

In 2012, the Eurogroup also gave this opinion, but refused to
commit to it.

"Official Europe" would also vote "No," since they are in
favor of restructuring Greece's debt.

"Greece will stay in the euro. Deposits in Greece’s
banks are safe," he wrote, as banks remained closed for a third
day. "Creditors have chosen the strategy of blackmail based on
bank closures."

And so the best way forward is for Greece to stay in the
Eurozone, vote "No" on Sunday, and go back to the negotiating
table with creditors.

Earlier on Wednesday, a letter Tsipras wrote indicating that the
government was willing to accept most of the creditors' terms
leaked.

Just after midnight in Athens on Tuesday, the International
Monetary Fund confirmed that Greece had
missed its €1.6 billion ($1.8
billion) payment due, just as the country's bailout program
ended.